According to author and historian Dr. Alan Axelrod, ISIS isn't the greatest threat to American security. Our leaders are. This might sound sensationalist, until you recall that our national debt is quickly approaching $20 trillion, and has already surpassed the total GDP of the United States. This Sunday, Halloween comes early with the scary message Axelrod brings in his new book, *Full Faith and Credit: The National Debt, Taxes, Spending, and the Bankrupting of America.* Axelrod, author of more than 140 books, joins Bob to discuss his sweeping examination of the origins of the U.S. national debt, its beneficiaries, and (hopefully) its possible solutions. Axelrod finds the source of fiscal irresponsibility in the core architecture of the growing "administrative state," in which unelected career bureaucrats carve out fiefdoms, going beyond the powers prescribed by the Constitution. After tracing the gradual rise of the current administrative state, Axelrod devotes special attention to the dangers of the military-industrial-(congressional)-complex, and shows how support for major spending categories transcends partisan divides (as long as the members of congress are "getting theirs"). Be sure to tune in to get your weekly fix of libertarian ideas. Bob and Alan will take your calls at (424) BOB-SHOW, on the Bay Area's 860AM – The Answer. [CLICK BELOW TO LISTEN LIVE, 10/16, at 8am PACIFIC]
Ostentatious. Reckless. Hocking the future. Selfish. Irresponsible. The insatiable need for immediate gratification. We learn so much about a person’s character by how they manage their finances. The same is true of government. We are living the New Testament, by way of the Dave Matthews Band. “Eat drink and be merry, for tomorrow we shall die.” If you look at the way government spends our money, you will know its core values – not pretty. Jonathan Bydlak, President of the Coalition to Reduce Spending, speaks authoritatively to Bob about this subject. Princeton grad, hedge fund manager and fundraising director for Ron Paul’s 2008 campaign, Jonathan has studied the sickness, corruption and cronyism of spending which transcends party lines and which will only be stopped by voters crying out “Enough!” Listen to this epsiode and you will be one of them.
In the past 15 years, California’s high tax burden caused 340,000 (mostly) high earners to go to other states like Nevada where they can keep more of their earnings. Is there a pattern? You bet there is. Americans are “voting with their feet” more than ever before. Not just pro golfer Phil Mickelson who makes a pretty penny, but average wage earners. Where do they move from, where do they go …and why? Travis Brown has studied this extensively and he authored “How Money Walks,” the definitive study on which states are winning or losing the competition for taxpayers and businesses and what the results tell us. Join Bob and Travis to celebrate federalism in operation, just as the founders envisioned.
In 34 days, everyone’s economic life will turn to varying degrees of garbage – compliments of a spineless Congress and several clueless Presidents. We will wake up from our New Year’s Eve stupor to the joys of higher taxes and fewer entitlement payments. The effects on the economy will be somewhere between catastrophic and fuggitaboutit. The cause – the so-called “fiscal cliff.” This is the result of a series of postponements of hard decisions by the President and Congress so as not impede their re-election. Enjoy your higher tax payments, knowing that money went for a good cause – the keeping of Obama, Pelosi, Boehner and the rest of those cowardly losers in power. How did we get here? What does it mean to you? Is there any escape? In this episode, Bob welcomes Will McBride, Chief Economist at the Tax Foundation. Will knows all the answers and so will you. Thomas Paine feared “the greedy hand of government thrusting itself into every corner and crevice of industry.” We are living it.
Seven months ago, the Occupy Movement started in New York’s Zuccotti Park. Over time, the weather seemed to have chilled and dampened the enthusiasm of its core supporters. However, the movement seems to have sprung into spring with new vigor as seen in San Francisco and Oakland recently. What are the goals and beliefs of the Occupiers and what does it tell us about America today? To discover the heart and soul of the Occupy Movement, Bob invited Anthony Fisher, filmmaker and Reason TV producer to join him in this encore episode to discuss his extensive coverage of the movement. Let’s examine the Occupiers from a Libertarian perspective. Are they just Tea Partiers with longer hair and more student loans? How will they vote in the election this fall, if at all? Bailouts, crony capitalism, taxing the rich; we have it for you.